CFTC Commissioner Mersinger Tapped to Lead Top Crypto Lobbying Firm
Summer Mersinger has been appointed as the new CEO of the Blockchain Association, effective June 2, after resigning from her position as CFTC commissioner. Mersinger, a Republican, has been a strong advocate for the crypto industry during her tenure at the CFTC, criticizing excessive regulation. The Blockchain Association represents major firms like Coinbase and Ripple. Her appointment comes amid significant legislative changes that could shift regulatory authority from the SEC to the CFTC. While many in the crypto community celebrate her leadership, concerns have been raised about potential conflicts of interest due to her quick transition from regulator to industry advocate. The CFTC has not confirmed whether Mersinger recused herself from crypto-related matters prior to her resignation.
